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Legal Updates

At Drew & Napier, we provide legal updates and publications on the latest legal and regulatory developments that matter to our clients and friends.

You are encouraged to look through our online legal updates and publications by using the search function below.

Note: The legal updates and publications on this site are for general information only and should not be considered legal advice.

Showing 10 recent updates
  • PDPA related amendments to MAS AML/CFT notices and MAS’ response to feedback received

    11 July 2014
    In light of the Personal Data Protection Act coming into force, the Monetary Authority of Singapore (“MAS”) published a consultation paper proposing amendments (“Personal Data Amendment”) to MAS notices on prevention of money laundering and countering the financing of terrorism (“ML/CFT Notices”). The Personal Data Amendment aimed to clarify that for the purposes of meeting anti-money laundering / countering the financing of terrorism requirements, financial institutions may collect, use and disclose personal data without customer consent, as per existing practice. Following the receipt of feedback, MAS made further amendments to the Personal Data Amendment and published its response discussing the further amendments in light of feedback received. This update is a follow up to our earlier update on the Personal Data Amendment and discusses MAS’ response.
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  • Proposed changes to MAS notices on prevention of money laundering and terrorism financing in relation to the Personal Data Protection Act

    1 July 2014
    “This update discusses a proposed amendment to MAS notices on prevention of money laundering and countering the financing of terrorism (“ML/CFT Notices”). This proposed amendment seeks to clarify how the obligations of financial institutions relating to customer due diligence under the ML/CFT Notices would interact with the obligations of financial institutions in respect customer personal data under the upcoming Personal Data Protection Act.”
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  • Geographical Indications Act 2014 to enhance protection for businesses and consumers

    23 June 2014
    This update discusses the Geographical Indications Act (“Act”), which was passed by Parliament on 14 April 2014 and gazetted on 23 May 2014.
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  • Proposed changes to the SGX framework for secondary listings

    19 June 2014
    This update discusses the Singapore Exchange’s (“SGX”) consultation paper on the proposed changes to its regulatory framework for secondary listings. SGX has indicated that these proposed changes are aimed at providing greater clarity on the regulatory review methodology that SGX applies to secondary listing participants and the regulatory oversight of secondary listed companies.
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  • Protection from Harassment Act 2014

    2 June 2014
    This update discusses the key elements of the Protection from Harassment Bill 2014 (“Bill”), which was passed in Parliament on 13 March 2014.
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  • Personal Data Protection Commission issues Personal Data Protection Regulations 2014 and revises advisory guidelines

    22 May 2014
    This update discusses the Personal Data Protection Regulations 2014 which were gazetted on 19 May 2014, as well as the revised versions of the Advisory Guidelines on Key Concepts to the Personal Data Protection Act 2012 (“PDPA”) and the Advisory Guidelines on the PDPA for Selected Topics, which were issued by the Personal Data Protection Commission on 16 May 2014.
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  • PDPC issues advisory guidelines for the telecommunication and real estate agency sectors

    21 May 2014
    This update discusses the finalised advisory guidelines on the Personal Data Protection Act (“PDPA”) for the telecommunication and real estate sectors, as well as IDA’s decision on the proposed amendments to the End User Service Information (“EUSI”) provisions in the Telecoms Competition Code 2012.
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  • IDA issues revised competition guidelines and introduces new leniency programme for cartels

    23 April 2014
    The Info-communications Development Authority of Singapore (“IDA”) has issued the revised Telecom Competition Code or Code of Practice for Competition in the Provision of Telecommunication Services 2012 (“Code”). Following the issuance of the Code, IDA has issued corresponding versions of two sets of advisory guidelines.
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  • Competition Law Quarterly Update Q1/2014

    31 March 2014
    View interesting updates on competition law development and cases in Singapore and around the world.
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  • CCS releases airline industry market study findings summary

    18 March 2014
    The Competition Commission of Singapore released a summary report regarding cooperation arrangements which may result to net economic benefits between airlines.
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